USSGL Board Meeting Ballot Items for FY16 and FY17 Michele Crosco and Chris Beck May 12, 2016

L EAD ∙ T RANSFORM ∙ D ELIVER Page 2 International Monetary Fund Accounts General Fund Accounts Repayable Advance Account Miscellaneous Title Changes New/Revised USSGL Accounts

L EAD ∙ T RANSFORM ∙ D ELIVER Page 3 All accounts effective for FY 2016 to be used by the Department of Treasury only. – IMF – Letter of Credit – IMF – Receivable/Payable Currency Valuation Adjustment – IMF – Dollar Deposits with the IMF – IMF – Currency Holdings – IMF – Reserve Position – Other Appropriations Realized – IMF – Allocation Transfers of Current-Year Authority for Noninvested Accounts – IMF International Monetary Fund (IMF)

L EAD ∙ T RANSFORM ∙ D ELIVER Page 4 – Allocation Transfers of Prior Year Balances - IMF – Total Actual Resources – Collected – IMF – Adjustments to Indefinite Appropriations – IMF – Unobligated Funds Exempt From Apportionment – IMF – Gains on IMF Assets – Losses on IMF Assets IMF – Cont’d

L EAD ∙ T RANSFORM ∙ D ELIVER Page 5 The following two USSGL accounts are effective for FY16 – Other Non-Budgetary Financing Sources for Debt Accruals/Amortization – Other General Fund Financing Sources (General Fund’s offset to ) The following USSGL is for FY17 – Liability for Fund Balance while Awaiting a Warrant (General Fund offset to ) New General Fund USSGL Accounts

L EAD ∙ T RANSFORM ∙ D ELIVER Page 6 The following USSGL is for FY17 – Repayment of Repayable Advances. Is for Department of Labor’s use only Repayment of Repayable Advances

L EAD ∙ T RANSFORM ∙ D ELIVER Page Partial or Early Cancellation Authority (Title only FY16) Fund Balance With Treasury While Awaiting a Warrant (Title only FY17) Miscellaneous USSGL Account Changes

L EAD ∙ T RANSFORM ∙ D ELIVER Page 8 ChangePage Number Removed the word “Government”Cover Page Replaced Financial Management Service with Bureau of the Fiscal Service Throughout document Updated Contact information and dateCover Page Replaced “Web Site” with “Website”Throughout document Added USSGL and removed No. 2Page 2 Replaced to show IRC meetings are not weekly but “as needed with a minimum of four per year” Page 9 Added under power for Bureau of Fiscal Service to present changes to Sections III-VII Page 11 USSGL Board Bylaw Technical Changes

L EAD ∙ T RANSFORM ∙ D ELIVER Page 9 ChangePage Number Reworded IRC participants powers to be consistent with powers described under Bureau of the Fiscal Service Page 12 Added Section VII “GTAS Edits and Validations” Page 14 Added description of Section VIIPage 15 Updated website informationPage 19 USSGL Board Bylaw Technical Changes

L EAD ∙ T RANSFORM ∙ D ELIVER Page 10 Revise Deposit Fund Guidance Revise Credit Reform Guidance Continue to work with the General Fund to allow for the General Fund to properly report their activity Establish formal BETC request process for agencies Continue to work with OMB on “normal” balance project Upcoming Projects for USSGL